What is the CIMB Preferred Debit Mastercard?
The CIMB Preferred Debit Mastercard is a premium spending card designed for CIMB Preferred clients. This card links directly to your CIMB Bank account, allowing you to use your own money for shopping, online purchases, and overseas travel. It provides status recognition, waived overseas transaction fees, and travel privileges.
Frequently Asked Questions (FAQ)
1. What are the main benefits of the CIMB Preferred Debit Mastercard?
This card provides a blend of status, savings, and security for high-value clients.
- Waived Overseas Transaction Fees: You do not have to pay the standard administrative fee for transactions made overseas or for overseas online shopping. This helps you save money when you travel or shop on international websites.
- Airport Lounge Access: You receive up to 8X complimentary accesses per year to selected Plaza Premium First and Plaza Premium Lounges worldwide. This gives you a comfortable place to relax before your flight.
- Preferred Recognition: You receive priority service, including a Priority Queue, at all CIMB branches across Malaysia and ASEAN.
- Flexibility and Control: You can easily change your withdrawal, spending, and contactless payment limits using the CIMB OCTO App, CIMB Clicks, or any CIMB ATM.
- Annual Fee Waived: The card is free for life with no annual fee.
2. Who can apply for the CIMB Preferred Debit Mastercard?
To be eligible for this card, you must meet the following requirements:
- You must be an individual aged 18 years and above.
- You must already be a CIMB Preferred client.
- You must hold a CIMB Bank or CIMB Islamic Current Account, Savings Account, or Mudarabah Investment Account.
- You must maintain a minimum Asset Under Management (AUM) of RM250,000 with the Bank.
3. Are there any fees for using the card overseas?
The biggest benefit is that you will not pay an administrative fee for any overseas transactions. This includes purchases made when you travel outside Malaysia or shop on international websites. But you must remember to activate the Overseas Spend and Withdrawal function before you travel. You can do this easily through the CIMB Clicks website or the CIMB OCTO App.
How can I apply for a CIMB Preferred Debit Mastercard?
If you meet the eligibility criteria, you can visit any CIMB branch to apply. This card is a benefit for those who have achieved CIMB Preferred status.
